China's Jiangxi reports 136% foreign trade growth in decade

Updated: Aug 3, 2022 Xinhua Print
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The first special train running between Yichun, East China's Jiangxi province, and the ASEAN countries via Ningbo, East China's Zhejiang province, is being loaded at the section No 370 of the Jiangxi provincial bureau of the National Food and Strategic Reserves Administration at Yichunxi Railway Station, Jan 27, 2022. [Photo/People's Daily Online]

NANCHANG - Foreign trade in East China's Jiangxi province surged from 210.86 billion yuan ($31.1 billion) in 2012 to 498.04 billion yuan in 2021, an increase of 136 percent, according to the province's department of commerce.

In 2021, Jiangxi's outward foreign direct investment reached $900 million, up 150 percent compared with 2012.

As of last year, the province traded with 224 countries and regions, with the Association of Southeast Asian Nations (ASEAN) becoming its largest trading partner.

Jiangxi's actual use of foreign direct investment increased 131 percent to $15.78 billion over the decade. Since 2012, a total of 5,708 foreign-funded enterprises have been established in the province, while the number of import and export enterprises increased from 2,763 to 6,153 during the period, with an increase of 123 percent.

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